Phaarmasia's Q4 2023 Financials Show Significant Decline in Profitability and EPS, 'Sell' Call by MarketsMOJO
Phaarmasia's financial performance for the quarter ending Dec 2023 has been disappointing, with a significant decline in profitability. The company's operating profit, operating profit margin, net profit, and EPS have all fallen by over 90% compared to the previous four quarters. This has led to a 'Sell' call by MarketsMojo, indicating a negative outlook for the company's stock.
Operating Profit - Quarterly: At Rs 0.06 cr has fallen at -98.4% over average operating profit of the previous four quarters of Rs 3.84 cr. This indicates a significant decline in profitability.Operating Profit Margin - Quarterly: At 1.2% has fallen at -93.4% over average operating profit margin of the previous four quarters of 17.8%. This shows a decrease in the company's ability to generate profits from its operations.
Net Profit - Quarterly: At Rs -0.04 cr has fallen at -100% over average net profit of the previous four quarters of Rs 2.97 cr. This indicates a significant decrease in the company's overall profitability.
Earnings Per Share (EPS) - Quarterly: At Rs -0.01 has fallen at -100% over average EPS of the previous four quarters of Rs 0.75. This shows a decline in the company's earnings per share, which is not a positive sign for investors.
Overall, Phaarmasia's financial performance for the quarter ending Dec 2023 has been disappointing, with a decline in net sales, operating profit, operating profit margin, net profit, and EPS. This has led to a 'Sell' call by MarketsMOJO, indicating a negative outlook for the company's stock. Investors should carefully consider these financials before making any investment decisions.
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